secwatch.observer — SEC 8-K summary
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Issuer:     SOLAREDGE TECHNOLOGIES, INC. (SEDG)
CIK:        0001419612
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001178913-22-002888
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SolarEdge posts record Q2 revenue of $727.8M, GAAP net income $15.1M, margins decline
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- Record revenue of $727.8M, up 11% QoQ and 52% YoY; solar segment revenue $687.6M (record).
- GAAP gross margin 25.1% (down 220 bps QoQ, 740 bps YoY); non-GAAP gross margin 26.7%.
- GAAP net income $15.1M ($0.26 diluted EPS), down 54% QoQ; non-GAAP net income $56.7M ($0.95 EPS).
- Q3 2022 guidance: revenue $810-840M, solar segment $765-795M, non-GAAP gross margin 26-29%.
- Operating cash flow $77.4M vs. -$163.0M previous quarter; cash $973.3M net of debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419612/000117891322002888/0001178913-22-002888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419612/000117891322002888/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001178913-22-002888

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